As Tesla moves ahead with plans to have nearly 10,000 high-speed Supercharger electric car chargers in place across the U.S. by the end of the year, it’s only adding one more to those existing in Oklahoma. Henryetta is to get one according to the Tesla website while the state has only five others that already …
The Native Americans who put up a fight against construction of the Dakota Access oil pipeline in North Dakota aren’t giving up and neither is the builder of the line. Energy Transfer Partners based in Dallas and the U.S. Army Corps of Engineers have filed separate documents in Washington, D.C. federal court opposing plans by …
When Texas oilman Stan Bates failed to show for a court case in Overland Park, Kansas in the past week, the Judge entered a nearly $650,000 against his Bates Energy Oil and Gas Company that had been sued in a breach of lease contract. Bates, indicated earlier in the year along with Texas state Sen. …
Here is how Oklahoma U.S. Rep. Markwayne Mullin looks at the tax reform plan put forth by President Trump and the GOP leadership. By Congressman Markwayne Mullin I remember what it was like to earn my first paycheck. I spent all month putting in hours to earn a decent wage. When pay day …
With revenue from gross production taxes on oil and natural gas totaling $52 million in October, state receipts to the Oklahoma Treasury were up more than 10 percent compared to October 2016. Treasurer Ken Miller says it was the first double-digit growth in four and a half years and marks the ninth time since the …
When Chickasha Rep. Scott Biggs announced his immediate resignation last week from the State House, he said it was to take a federal job. Over the weekend, U.S. Sens. James Lankford and Jim Inhofe announced which job it was. Biggs was named the Oklahoma state director of the USDA Farm Services Agency. At the same …
A sluggish oil market is being blamed in part for a Texas company to announce the closing of 29 Dairy Queen Stores in Texas, New Mexico and Oklahoma. In Texas, the DQ sign is called the “Texas Stop Sign” but Irving-based Vasari LLC said the oil market plus the financial effects of Hurricane Harvey have …
The way some experts look at the tax reform measure introduced in the U.S. House is that oil and natural gas companies might get a better deal than solar companies and buyers of electric cars. Tax rates for most corporations will be cut nearly in half and under the bill, shale drillers and solar panel …
Robust oil production helped Oklahoma City-based Devon Energy add $776 million to its operating cash flow but the company is moving ahead with plans to unload billions of dollars in assets in the coming year. CEO Dave Hager says they’re looking for higher returns for shareholders as they push to meeting a $1 billion …
The economy for Oklahoma and 8 other states that make up the Mid-America Business Conditions Index was so strong in October that it scares economist Ernie Goss. And energy is getting the credit in Oklahoma. “It was a good report but some worries. We economists worry when things become so strong,” said the economics professor …